taking up the offer??, page-16

Timely, the options actually have a fair chance of being worthwhile in my opinion.

1.5cents, would mean a fully diluted market cap of around $50M-$55M once all shares and options are issued from the capital raising.

For that market cap to be fair, we would need net sustained flows upwards of 400BOEPD.

To get that amount of flows, we would probably need at least 3 successful flowing wells. Over the next 24 months, I think it's a very reasonable expectation just quietly. That is why I find the options quite tempting, lots and lots of leverage to possible success!